NOT LISTED FOR SALE

Estimated Value: $713,000 - $1,442,000

Studio
-- Bath
2,810 Sq Ft
$356/Sq Ft Est. Value

Sale Details

Date Sold: April 3, 2013

Last sale price $167,000 $59 Per Sq Ft

Est. 403% increase in value since last sale

Current estimated payment $4,668 / mo

22 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of April 2013

Nicely updated 4-Plex. 2011 renovation includes tile, plumbing, kitchens, paint,new multi pane windows. All AC units have been replaced or serviced. 2011 new roof. 2011 new hot water heaters. Laundry room provides about $1200 per year additional income per year. Great opportunity. Also for sale are MLS#s 4894129 and 4894130 in the same complex - Available as a package! 11 of the 12 units are currently occupied!

Last Agent to Sell the Property

Jeremiah Wilford

HomeSmart License #SA639180000 Listed on: 02/22/2013

HomeSmart

Co-Listed By

Mike Bodeen

HomeSmart License #BR107814000

Last Buyer's Agent

Jennie Miller PLLC

Market Edge Realty, LLC License #BR638404000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $710

Year Built

  • Built in 1964

Lot Details

  • 7,754

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Block Exterior
  • Stucco

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 83
  • Assessor Parcel Number 127-21-009-C

Community Details

Overview

  • 4 Units
  • Building Dimensions are unknown
  • Sterling Apartments Subdivision

Building Details

  • Operating Expense $4,054
  • Gross Income $24,660
  • Net Operating Income $21,404

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$710

Year Built

Built in 1964

Lot Details

7,754 Sq Ft Lot

Listing Details

  • Cross Street: 38th St & Thomas
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Year Built: 1964
  • Tax Year: 2012
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cril10
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: Sterling Apartments
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: See Remarks, Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Individual, Electric
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1056.0

Lot Info

  • Lot Size: unknown
  • Additional Parcels: No
  • Parcel #: 127-21-009-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 1188.0
  • Annual Gross Income: 24660.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 300.0
  • Property Net Operating Income: 21404.0
  • Annual Operating Expense: 4054.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 710.0
  • Tax Book Number: 127.00
  • Tax Lot: 83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2021
Sold by
Jorve Theodore Dean
Bought by
2919 N 38Th St Llc
Current Estimated Value
$840,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Outstanding Balance
$391,063
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$610,302

Purchase Details

Closed on
Feb 16, 2021
Sold by
Jorve Iuliia
Bought by
Jorve Theodore Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Outstanding Balance
$391,063
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$610,302

Purchase Details

Closed on
Feb 12, 2021
Sold by
Shalomov Arthur
Bought by
Jorve Theodore Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Outstanding Balance
$391,063
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$610,302

Purchase Details

Closed on
Nov 18, 2020
Sold by
Zavurova Svetlana
Bought by
Zavuroa Svetlana and Zavurov Lev

Purchase Details

Closed on
Oct 1, 2018
Sold by
Shalomov Sofia
Bought by
Shalomov Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2018
Sold by
Zavurova Svetlana
Bought by
Shalomov Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2014
Sold by
Zavurov Lev and Zavurova Svetlana
Bought by
Zavurova Svetlana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2014
Sold by
Lee Albert and Huang Shih Jung
Bought by
Zavurova Svetlana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2012
Sold by
Rymar Rentals Llc
Bought by
Pace James C and Pace Viridiana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,250
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2012
Sold by
Rymar Rentals Llc
Bought by
Bush Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,250
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2011
Sold by
Csk Investments Llc
Bought by
Rmar Rentals Llc

Purchase Details

Closed on
Mar 16, 2010
Sold by
Gilbert Marilyn
Bought by
Csk Investments Llc

Purchase Details

Closed on
Oct 22, 2008
Sold by
Calderon Bill and Calderon Diane
Bought by
Gilbert Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2008
Sold by
Calderon Bill and Calderon Diane
Bought by
Calderon Bill and Calderon Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2008
Sold by
Bjk Enterprises Llc
Bought by
Calderon Bill and Calderon Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,285
Interest Rate
6.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 3, 2007
Sold by
Alchi Wafir
Bought by
Alchi Wafir and Alchi Saif

Purchase Details

Closed on
Aug 11, 2005
Sold by
Fletcher Richard W and Fletcher Jane E
Bought by
Alchi Wafir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,900
Interest Rate
5.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 21, 2005
Sold by
Alchi Nariman P
Bought by
Alchi Wafir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,900
Interest Rate
5.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 7, 2005
Sold by
Reust Susanna K
Bought by
Avanti Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,600
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2005
Sold by
Avanti Apartments Llc
Bought by
Fletcher Richard W and Flether Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,600
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2004
Sold by
Shen Shao Hua
Bought by
Reust Susanna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,600
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2001
Sold by
Muhly Scott and Muhly Anna K
Bought by
Shen Shao Hua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,700
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 1994
Sold by
Graf Stewart
Bought by
G E Sterling L L C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
2919 N 38Th St Llc -- Pioneer Title Agency Inc
Jorve Theodore Dean -- Wfg National Title Ins Co
Jorve Theodore Dean $592,200 Wfg National Title Ins Co
Zavuroa Svetlana -- Zavurova Svetlana
Shalomov Arthur -- Chicago Title Agency Inc
Shalomov Arthur $300,000 Chicago Title Agency Inc
Zavurova Svetlana -- First Arizona Title Agency
Zavurova Svetlana $188,000 First Arizona Title Agency
Pace James C $143,000 First American Title Ins Co
Bush Lourdes $143,000 First American Title Ins Co
Rmar Rentals Llc -- Accommodation
Csk Investments Llc $90,000 Magnus Title Agency
Gilbert Marilyn -- Fidelity National Title Ins
Calderon Bill -- Fidelity Natl Title Ins Co
Calderon Bill $230,000 Fidelity National Title Ins
Alchi Wafir -- None Available
Alchi Wafir $359,000 Capital Title Agency Inc
Alchi Wafir -- Capital Title Agency Inc
Avanti Apartments Llc -- Capital Title Agency Inc
Fletcher Richard W $286,620 Capital Title Agency Inc
Reust Susanna K $200,000 Capital Title Agency Inc
Shen Shao Hua $163,334 Security Title Agency
Piccirillo Thomas $163,334 Security Title Agency
G E Sterling L L C -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jorve Theodore Dean $438,000
Previous Owner Shalomov Arthur $225,000
Previous Owner Zavurova Svetlana $131,600
Previous Owner Zavurova Svetlana $131,600
Previous Owner Pace James C $107,250
Previous Owner Gilbert Marilyn $238,500
Previous Owner Calderon Bill $175,285
Previous Owner Calderon Bill $175,285
Previous Owner Alchi Wafir $35,900
Previous Owner Fletcher Richard W $200,600
Previous Owner Reust Susanna K $180,000
Previous Owner Piccirillo Thomas $121,700
Closed Fletcher Richard W $57,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2013 04/03/13 Sold $167,000 -4.6% $59 / Sq Ft
03/15/2013 03/15/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $175,000 -- $62 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,688 $12,494 -- --
2024 $1,606 $11,899 -- --
2023 $1,606 $57,170 $11,430 $45,740
2022 $1,543 $41,930 $8,380 $33,550
2021 $1,580 $37,860 $7,570 $30,290
2020 $1,542 $31,570 $6,310 $25,260
2019 $1,531 $25,500 $5,100 $20,400
2018 $1,499 $22,310 $4,460 $17,850
2017 $1,441 $21,180 $4,230 $16,950
2016 $1,386 $17,500 $3,500 $14,000
2015 $1,289 $15,480 $3,090 $12,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4894131

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-21-009A

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